Dominican Republic - Lime - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Dominican Republic - Lime - Market Analysis, Forecast, Size, Trends and Insights

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Lime Price in the Dominican Republic - 2023

Contents:

  1. Lime Price in the Dominican Republic (CIF) - 2022
  2. Lime Price in the Dominican Republic (FOB) - 2022
  3. Lime Imports in the Dominican Republic
  4. Lime Exports in the Dominican Republic

Lime Price in the Dominican Republic (CIF) - 2022

The average lime import price stood at $203 per ton in 2022, flattening at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 26%. As a result, import price attained the peak level of $231 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($257 per ton) and Spain ($221 per ton), while the price for Mexico ($190 per ton) and Portugal ($217 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Lime Price in the Dominican Republic (FOB) - 2022

In 2022, the average lime export price amounted to $202 per ton, dropping by -25.7% against the previous year. Over the period under review, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $419 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($204 per ton), while the average price for exports to Suriname totaled $151 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+1.4%).

Lime Imports in the Dominican Republic

After three years of growth, overseas purchases of lime decreased by -12.9% to 65K tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 40% against the previous year.

In value terms, lime imports shrank to $13M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 29%.

Import of Lime in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico3.18.510.36.829.9%
Portugal0.40.50.73.3102.1%
Colombia3.31.43.52.3-11.3%
United States0.70.40.20.6-5.0%
Spain1.01.10.20.2-41.5%
Others0.6N/A0.3N/A-29.3%
Total9.312.015.313.212.4%

Top Suppliers of Lime to the Dominican Republic in 2022:

  1. Mexico (36.0K tons)
  2. Portugal (15.3K tons)
  3. Colombia (10.5K tons)
  4. United States (2.1K tons)
  5. Spain (0.8K tons)

Lime Exports in the Dominican Republic

In 2022, exports of lime from the Dominican Republic soared to 15K tons, jumping by 47% on the previous year's figure. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 65%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, lime exports expanded markedly to $3.1M in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 83%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Lime in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.51.52.73.026.0%
Suriname0.1N/A0.10.10.0%
OthersN/AN/AN/AN/A0%
Total1.61.62.83.124.7%

Top Export Markets for Lime from the Dominican Republic in 2022:

  1. United States (14.6K tons)
  2. Suriname (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lime market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23521033 - Quicklime
  • Prodcom 23521035 - Slaked lime
  • Prodcom 23521050 - Hydraulic lime
  • Prodcom 23523030 - Calcined and sintered dolomite, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

Country coverage:

  • Dominican Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Dominican Republic
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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